Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$430,467$430,467$486,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$55,533$0
Funding fee$2,152$2,152$0
Note rate6.950%6.950%7.320%
Blended rate6.950%7.184%7.560%
1st payment$2,914.16$2,914.16$3,338.48
2nd payment$0.00$416.50$0.00
Taxes / mo$390.83$390.83$390.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$105.00$105.00$105.00
Total monthly$3,576.66$3,993.16$4,098.18
Cash to close$109,533$54,000$54,000